It may not be a stretch to suggest that we are now into the second wave of the startup phenomenon. The segment has shown consistent high growth in terms of numbers aggregating 5,000 and counting. In the last couple of years, the B2B segment particularly has shown healthy growth. This year, having garnered almost…
City-based FixNix is the only Indian company to feature in RegTech 100, a list of world’s most innovative companies that every financial institution needs to know about in 2018. The 100 companies were chosen by a panel of industry experts who reviewed an analysis of 416 RegTech companies that was undertaken by data and research…
The government is working with the World Bank to recognise over 200 reforms that will help propel India into the top-50 bracket in ease of doing business. The government is working with the World Bank to recognise over 200 reforms that will help propel India into the top-50 bracket in ease of doing business, according…
Failure or success of any start-up also depends on the idea that drives it, Finance Minister Arun Jaitley said when asked why several Indian start-ups have failed over the past three years. There is no country in the world that has a 100 per cent success record of start-ups and the failure or success of…
OPIC’s budget comes from Congress, but the money it makes goes back to the U.S. Treasury. The U.S. government plans to spend hundreds of millions of dollars in venture capital funds overseas as part of an expanded federal program to do good around the world through what’s known as “impact investing.” The program, unveiled Wednesday…
When India’s venture capitalists ring in the holiday season this year, their mood will be more upbeat than it has been for the past couple of years. In the nine months ended September, venture capital-backed firms, a universe that encompasses seed stage start-ups, unicorns (start-ups valued at a billion dollars or more) and everything in…
With a gong sound at midnight in Parliament’s Central Hall, India switched to GST, the single biggest tax reform undertaken by the country in 70 years of independence. Launching GST, President Pranab Mukherjee said it is a momentous event for the nation. “This historic moment is the culmination of 14-year-long journey that began in December,…
If reports in a US-based news and information company AXIOS Media are to be believed, Ivanka Trump, the daughter of US President is starting a new investment fund aimed at companies founded by women entrepreneurs around the globe. It is reported that the World Bank has been approached for managing the fund and it will…
Freightos, a startup that wants to digitize more of the international logistics process, announced today that it has raised a $25 million Series B extension round led by GE Ventures, General Electrics’ venture capital arm. This brings the total funding raised by Freightos, which was founded in 2012 and is based in Hong Kong, to…
Indus OS, a startup which has created a regional operating system, today said it has raised an undisclosed amount from new investors JSW Ventures and VenturEast in recently-concluded financing round. Omidyar Network, an existing investor, has also participated in the latest round. “The amount which has been raised will be used for product development and…